Emirates NBD PJSC (DFM:EMIRATESNBD)
د.إ 31.32 +0.42 (+1.36%) Market Cap: 197.84 Bil Enterprise Value: 17.17 Bil PE Ratio: 8.37 PB Ratio: 1.37 GF Score: 69/100

Q3 2019 Emirates NBD Bank PJSC Earnings Call Transcript

Oct 28, 2019 / 10:00AM GMT
Release Date Price: د.إ12.06 (+0.40%)
Operator

Ladies and gentlemen, welcome to the Emirates NBD 2019 Third Quarter Results Announcement Analysts and Investors Call and Webcast.

If you're all ready to begin, I will now pass the call over to our host, Mr. Shayne Nelson, Group CEO of Emirates NBD. Please go ahead, sir.

Shayne Keith Nelson
Emirates NBD Bank PJSC - Group CEO

Thank you, operator, and welcome, everyone, to today's results call. Joining me, as usual, is Surya, the Group CFO; Paddy, our Head of Investor Relations; and a newcomer, Neeraj, our Head of International. The results presentation was made available earlier today. We'll review the operational and financial highlights for the first 9 months of the year, after which you'll have the opportunity to ask questions.

Page 3 of the presentation contains a summary of the key results. I'm pleased to report a strong set of results with a net profit of AED 12.5 billion in the first 9 months of 2019. This is a 63% increase from last year and includes a AED 4.4 billion realized and unrealized gain from the Network International

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